Ferrexpo plc (OTCMKTS:FEEXF) Short Interest Up 10.5% in October

Ferrexpo plc (OTCMKTS:FEEXFGet Free Report) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 136,600 shares, a growth of 10.5% from the September 30th total of 123,600 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is presently 40.2 days.

Ferrexpo Price Performance

Shares of OTCMKTS FEEXF remained flat at $0.70 during midday trading on Thursday. The company’s 50-day moving average is $0.60 and its 200-day moving average is $0.62. Ferrexpo has a 12 month low of $0.54 and a 12 month high of $1.15.

Ferrexpo Company Profile

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Ferrexpo plc, together with its subsidiaries, mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry. It operates two mines and a processing plant near Kremenchug in Ukraine; a port in Odessa; a fleet of vessels operating on the Rhine and Danube waterways; and an ocean-going vessel, which provides top-off services.

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